Thursday, April 21, 2016

Who is John Tu?  First hint, not related to John Galt or Ayn Rand
John Tu
ANSWER:  He is the richest Chinese Immigrant Self-made Billionaire.  He shares this honor with David Sun.  Together, each with a net worth of $4.7B.  Together, John Tu and David Sun founded Kingston Technology, the world's largest manufacturer of micro-computer memory.

Now, what is special about him?  He holds the honor of having been immigrants 4 times. 
1.  He was born in Chongqing, Sichuan China in 1940, in the middle of World War II.  After WWII, he moved to Shanghai.   Then in 1945, he immigrated to Taiwan.
2.  Second, he immigrated to Hong Kong
3.  Third, he immigrated to Germany, worked and studied there for many years, earning his BS in electrical engineering there.
4.   Fourth, he immigrated to California, where he founded Kingston Technology with David Sun.

One of greatest entrepreneur the planet has seen, he survived World War II,  The Chinese Civil War, then had to learn English in Hong Kong, learned German in Germany.  And while having fun all the time, as you can see in this picture.

I am now writing eBook #11 "Immigrant Self-made Billioniares in the US".  There are 57 of them.  They show us US is still the Land of Opportunity.

Contrary to most born-in-USA, the system here is not rigged against you.   If the US system is rigged against US-born, then how can an immigrant become millionaires or billionaires.  The fact is,  immigrants are about 3 times more likely to become millionaires and about 30% more likely to become self-made billionaires.  Even, I was totally surprised by the data.

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